BCA Research indicated in its strategic outlook for the third quarter that the advancing stock market has begun to lose momentum, warning of a possible 30% to 50% decline in stocks when the AI earnings bubble eventually bursts.
MacroQuant’s index for BCA’s stocks fell below baseline-1 on 12/06/2025. This was driven by the company’s decision to reduce its stock rating from Neutral to Less Weight (slight sell and cautious) over a 3-month and 12-month time horizon. MacroQuant is a quantitative model used by the company to assess market conditions through economic and financial indicators.